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Supreme PLC on Wednesday said higher vaping sales and acquisitions helped deliver a 17% increase in annual revenue. The Manchester, England-based consumer products distributor sells batteries, lighting, vapes, sports nutrition and wellness products as well as soft drinks. Its shares were down 5.1% at 148.00 pence each in London on Wednesday. Pretax profit fell 14% to £26.7 million in the financial ended March 31 from £30.9 million the year prior, despite revenue rising 17% to £270.2 million from £231.1 million. Administration costs increased to £50.4 million from £44.2 million, with the bottom line also held back by higher depreciation and amortisation charges. Sales growth was largely driven by strategic acquisitions and organic development in the product mix, alongside growth in Vaping. Vaping revenue grew 15% to £148.1 million, while Drinks & Wellness sales increased 60% to £69.3 million, benefiting from the SlimFast acquisition. Revenue within Electricals & Household decreased by 10% to £52.8 million, reflecting a decline in sales of batteries and lighting. Supreme declared a final dividend of 3.8 pence per share, taking the total dividend to 5.4p, up 3.8% on-year from 5.2p. Supreme said it has made a positive start to financial 2027, supported by ‘solid customer traction for existing and new products’ with current trading in line with market expectations. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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